Latest news with #AUM
Zawya
7 hours ago
- Business
- Zawya
Qatar: Lesha Bank net profit jumps 52.3% year-on-year to $22.63mln in H1
Qatar - Lesha Bank has achieved a net profit of QR82.4mn, attributable to the equity holders, in the first half (H1) of 2025, marking a 52.3% increase compared to the same period in the previous year. The bank sustained its positive momentum across the investment portfolio, with assets under management (AUM) reaching QR10.8bn, reflecting a 61.3% increase year-over-year. At the same time, total investments recorded a growth of 14.7% to QR3.7bn. Total income climbed to QR198.4mn, reflecting a 12.5% increase on annualised basis. As profitability strengthened, total equity rose to QR1.4bn, up 9.7% from the same period last year. Key performance indicators also demonstrated resilience with the return on average equity (ROAE) at 12.1%, and the return on average assets (ROA) at 2.4%. The bank's book value per share was QR1.24, with annualised earnings-per-share of QR0.147. As of June 30, 2025, the capital adequacy ratio stood at a healthy 16.04%, underscoring Lesha Bank's solid financial foundation and prudent capital management. 'The bank maintained a robust momentum in H1-2025, achieving a healthy returns and double-digit growth across key performance indicators. This performance underscores the resilience of our diversified business model and our commitment to delivering tailored, high-impact investment solutions," said HE Sheikh Faisal bin Thani al-Thani, Lesha Bank Chairman. Despite ongoing macroeconomic headwinds, he said, the bank's clearly defined strategy continues to steer it towards promising regional and global opportunities, enabling it to unlock growth and long-term value to the shareholders. Mohammed Ismail al-Emadi, Lesha Bank Chief Executive Officer, said it is pleased with the positive performance in H1-2025, continuing steady and agile approach amid the dynamic market conditions. "Through our client centric approach and maintaining a careful focus on sourcing and managing high-quality assets, we've continued to deliver stable returns. Looking ahead to the second half of the year, we aim to further broaden our footprint by tapping into emerging global and regional investment trends — aligning with the evolving needs of our clients and reinforcing our position as a trusted partner in value-driven investment opportunities," he said. © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. (
Time of India
2 days ago
- Business
- Time of India
Retail participation in mutual funds surge from 26% in FY19 to 28% in FY25: 1Lattice Report
The retail participation in mutual funds increased from 26% in FY19 to 28% in FY25 and HNI participation also grew from 32% to 35%, showing rising trust across segments, according to a report from 1Lattice, a market intelligence firm. The report further highlights that India's mutual fund AUM hit Rs 65 trillion in FY25, growing at a 24% CAGR from FY20–FY25. The number of mutual fund folios jumped to 234 million, indicating widening retail participation. Explore courses from Top Institutes in Please select course: Select a Course Category Data Science Design Thinking Operations Management MBA Product Management Healthcare Data Science Artificial Intelligence Technology Project Management PGDM Public Policy MCA others Finance Digital Marketing CXO Leadership Degree Cybersecurity Data Analytics Management Others healthcare Skills you'll gain: Data Analysis & Interpretation Programming Proficiency Problem-Solving Skills Machine Learning & Artificial Intelligence Duration: 24 Months Vellore Institute of Technology VIT MSc in Data Science Starts on Aug 14, 2024 Get Details Skills you'll gain: Strategic Data-Analysis, including Data Mining & Preparation Predictive Modeling & Advanced Clustering Techniques Machine Learning Concepts & Regression Analysis Cutting-edge applications of AI, like NLP & Generative AI Duration: 8 Months IIM Kozhikode Professional Certificate in Data Science and Artificial Intelligence Starts on Jun 26, 2024 Get Details Also Read | The Wealth Company Mutual Fund files 4 draft documents with Sebi Best MF to invest Looking for the best mutual funds to invest? Here are our recommendations. View Details » by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Man Intervenes as Child Jumps on Seats – Watch the Outcome Tips and Tricks Undo SIP contributions soared from Rs 0.4T in FY17 to Rs 2.9T in FY25, a 28% CAGR. Around 42% of 30 lakh new SIPs in Nov'23 were enabled by fintech platforms . Between Apr–Aug '24, Tier-2 & Tier-3 cities added 1.2 crore new mutual fund investor accounts, with 54% of all SIP accounts now coming from B-30 cities. Investing platforms like Groww, Paytm Money, ET Money revolutionized mutual fund access with Rs 500 SIPs, digital onboarding, and mobile-first investing. Adoption of robo-advisors is also streamlining portfolio curation and making investment advice affordable and accessible, the report said Live Events The equity-oriented AUM grew at a 28.7% CAGR (FY22–FY25), driven by bullish trends in small and midcap funds as these categories have delivered strong returns in FY25, encouraging investors to shift to equity-based investments. On the other hand, debt-oriented funds rebounded in FY25 with AUM reaching Rs 17T, showing stable investment preference. Despite equity dominance, debt MFs hold their ground, offering stability and predictable returns in uncertain rate environments Hybrid funds provide equity's growth potential with debt's stability, helping investors mitigate risks. Even in flat markets, balanced advantage funds have maintained stable returns of 8-10% annually. Also Read | 14 equity mutual funds lost over 5% in 9 months. Have you parked your savings in any of them? AMCs such as SBI MF, ICICI Prudential MF, HDFC MF, and Nippon MF together account for nearly 50% of the total AAuM in FY25. 'We have momentum on our side. Our product launches have been timely. Over the years, we've expanded our reach to newer corners of the country and bolstered our SIP book. Leveraging the parent SBI's network, along with collaborations with other distributors, has been instrumental in our growth,' said Joint CEO, SBI Mutual Fund.
Time of India
2 days ago
- Business
- Time of India
PNB MetLife launches value fund: Build long-term wealth through value investing
Value investing is a time-tested investment approach that focuses on identifying fundamentally strong companies available at attractive prices. By buying into quality businesses that are temporarily undervalued due to factors like market neglect or cyclical downturns, investors aim to benefit as the market eventually corrects the mispricing. With the launch of the new PNB MetLife Value Fund at an NAV of ₹10, investors now have an opportunity to participate in this proven strategy through a research-backed, actively managed fund designed to deliver long-term capital growth. PNB MetLife Value Fund is now open for investment and the final allocation date is July 28, 2025. Benefits of the PNB MetLife Value Fund 1. Long-Term Wealth Creation: The fund's core strategy is to invest in undervalued companies with solid fundamentals. Over time, as the market corrects its mispricing, investors stand to gain from both price appreciation and earnings growth. 2. Active Fund Management: Unlike passive funds, this actively managed fund, guided by expert research and market insights, aims for higher long-term returns. This strategy is driven by a fund management team with a proven track record, reflected in 99% of PNB MetLife's equity funds AUM receiving 4 or 5-star Morningstar ratings. 3. Outperformance Potential: The Nifty 500 Value 50 Index has significantly outperformed the Nifty 50, delivering a 5-year CAGR of 39.51% versus 20.29% as of May 31, 2025, demonstrating the potential of a value-driven approach. 4. Sectoral Opportunities: The fund benefits from exposure to currently undervalued sectors like Energy, Financials, Commodities, and Power, many of which are trading below their historical P/E ratios and offer attractive entry points. 5. Ideal for the Current Environment: With interest rates softening and the earnings outlook improving, the timing is ideal to enter a value-focused strategy that can effectively capitalize on market inefficiencies. 6. Added Protection and Tax Efficiency: When availed through PNB MetLife ULIP Plans, the fund offers life cover of up to 10 times the annualized premium, along with tax-free maturity benefits (applicable if annual premiums do not exceed Rs 2.5 lakhs, as per current tax laws). Who Should Invest? Value Fund can be considered by investors who: Understand the concept of value investing and believe in it Have patience to wait till the company unlocks its true worth and its stock price to realize its true value Are comfortable taking risks for potential high returns in the future The new fund is available with PNB MetLife Unit Linked Insurance Plans (ULIPs), offering a seamless experience across both the PNB MetLife official website ( and offline distribution channels. PNB MetLife Value Fund (SFIN: ULIF03615/07/25VALUEFUNDS117) is an actively managed fund. The fund aims to generate long-term capital appreciation by actively investing in companies which are attractively valued. The companies that the fund seeks to invest in would typically have lower earnings or book value multiple relative to either broader markets, their comparable peers, or their own history. The relative valuation-based strategies are best suited for individuals with very high risk tolerance and long-term investment goals UIN details of ULIP offerings: PNB MetLife Smart Goal Ensuring Multiplier UIN: 117L139V01 PNB MetLife Goal Ensuring Multiplier UIN: 117L133V07 PNB MetLife Smart Platinum Plus UIN: 117L125V06 PNB MetLife Term with Unit Linked Insurance Plan UIN: 117L136V04 PNB MetLife Mera Wealth Plan UIN: 117L098V08
Economic Times
3 days ago
- Business
- Economic Times
Valuations may be high, but India's long-term story remains unshaken: Swarup Mohanty
ET Bureau We have to grow at 6% is our house commentary, but that 6% versus 2 and that is something which people need to internalise. "While there is an impact of tariffs, we can be on our own in our own capacity and then that is something which we need to realise that our cars can be consumed by our own people," says Swarup Mohanty, VC & CEO, Mirae Asset Investment Managers. So, much work goes on behind what you do, I mean 17 years old fund, I was just looking at that, 45 number of schemes and an aum size of over two lakh crores. What does it feel like to have this kind of journey clocked in in 17 years. Swarup Mohanty: No, it is a very humbling experience. First of all, always a humbling experience to be in a fiduciary role. I mean to enjoy the trust of somebody else's money is very overwhelming to start with and then when we started as a global asset manager, today we stand in India as the only organic global asset manager in the country. It has not been very easy for global asset managers and then to be sitting with over 70 lakh folios is something which we had not thought of. Maybe AUM we would have thought of, but to be enjoying so many investors trust is pretty overwhelming. One is… That is the India story right, rising with India. Swarup Mohanty: Yes, absolutely, rising with India. But this 17 years of experience, you are a Korean company, India as a market was something that I do not think so Korean at that time must have thought that will flourish like this. I really want to understand the transition in last 17 years as an Indian investor as a Korean company that you have witnessed. Swarup Mohanty: I must tell you that our chairman Mr Hyeon Joo Park is a fund manager himself. He started the mutual fund industry in South Korea. We are probably the first financial company to set out of South Korea to build base. We came in 2006-2007 and when the team came to India and then there was this call from here to our chairman why are we here, there is nothing here, the reply was that is exactly why we are here. Trust me and I got the chance to narrate the same story to the prime minister of this country is that sometimes I wonder what they see in India that we do not see. They are so one-sided in their view on the structural growth of this country is incredible to sort of note because I have sat in rooms of 200 people, 199 Koreans and me the only Indian and on stage our chairman says that only one country will flourish in the next 10 years. One country when you single out, you sort of think what is happening. Maybe they can see things more in a neutral manner from the outside, some things we get a little biased about. We were just discussing the more boring the more biased you make it, the better the outcome. But having said that in the last 17 years and we must give credit where it is due, the Indian investor also has come a long way. I mean, 17 years back who would have thought that your fund alone is going to manage the AUM size that you have. Having said that, the Indian investor always gets edgy with the news headlines and all the noise around. What is it that you are making of all that is happening right now, this concern around what is going to happen with the tariffs, what is going to happen on the global slowdown front and of course, the India story wherein valuations are always a question mark. Swarup Mohanty: Yes, one, of course, when a country like the US starts changing in behaviour, everybody else's behaviour also starts changing, we are in that phase. But as this I mean tenure starts expanding, people will accept that and form their own opinion. I personally feel that from defence to capital markets every country is now reworking its own strategy, that is the time and such a phenomenal time to be sitting in the world at this moment and then probably each country will start defining their own style in the world and then probably India will shine in that is my bet on it. The second part is from the investors. I mean today if you look at the market and all of you kind of talk about it many times is that the market shifted to that single retail investors who have come together and piled this 26,000, 27,000 crores of support to the market on a monthly basis and that is where is the behavioural shift. I had not thought that I would see this before my retirement. I would joke about it, but it is so fascinating to see that and as the demography is shifting, right now three generations are investing together which had never happened in my career. My father's generation, my generation, my sons, my sons' generation is something which will turn it around. I am extremely bullish of their behaviour. I am very confident of their ability to see the long-termness if there is a word like that of the India story and good days ahead is what I can say. But what do you make of the current market construct? Like we are saying with all the talk around tariffs and still question mark on which way the tariffs are going to go for India and we are still awaiting that 'letter' and valuations which are not really as comfortable as we have seen in the past. What is the next one year looking like with all the uncertainties around? Swarup Mohanty: My personal take is India is a structural growth story that is a given globally. If there is a growth story, it is India. So, based on that India will definitely have its own negotiation powers, negotiation levers when it comes to that negotiation table for the tariffs. I mean, the fact is every country would like to participate in this country because wealth is being created at an individual level as we speak and it will be the largest consumption market a third probably to US, China we are there. So, while there is an impact of tariffs, we can be on our own in our own capacity and then that is something which we need to realise that our cars can be consumed by our own people. Our produce can be consumed by our own people. So, net-net we are at this moment a very isolated story from the rest of the world. When you do the headlines compare whether those headlines appeal to our country, it is very strange to say that India will remain isolated on data points and strong consistent data points. While some of us get disappointed when growth comes down to 6%, world is growing at 2-3%. It is not good. But we get disappointed at 6%. We have to grow at 6% is our house commentary, but that 6% versus 2 and that is something which people need to internalise. But we need to have high benchmarks for our market. Swarup Mohanty: We should.
Yahoo
16-07-2025
- Business
- Yahoo
State Street Corp (STT) Q2 2025 Earnings Call Highlights: Record AUM and Dividend Increase Amid ...
Earnings Per Share (EPS): Reported EPS of $2.17, up from $2.15 in the prior year period. Excluding notable items, EPS grew 18% year over year to $2.53. Revenue: Total revenue increased 9% year over year, with fee revenue up 12%, both excluding notable items. Pretax Margin: Increased to nearly 30%, excluding notable items. Return on Tangible Common Equity (ROTCE): Achieved approximately 19%, excluding notable items. Assets Under Management (AUM): Exceeded $5 trillion, marking a 17% increase year over year. Assets Under Custody/Administration (AUC/A): Reached a record $49 trillion, up 11% year over year. FX Trading Revenue: Increased 27% year over year, excluding notable items, driven by record client volumes. Securities Finance Revenue: Increased 17% year over year. Net Interest Income (NII): $729 million, down 1% year over year but up 2% sequentially. Capital Return: Over $500 million in the second quarter and over $800 million year-to-date. Dividend Increase: Announced intention to increase quarterly dividend by 11% to $0.84 per share, subject to Board approval. Expense Savings: Generated over $1 billion in expense savings over the last three years, with a target of $1.5 billion by year-end 2025. Servicing Fee Revenue Wins: $145 million in new servicing fee revenue wins, with a full-year target of $350 million to $400 million. Management Fees: Increased 10% year over year, driven by higher average market levels and prior period net inflows. Software and Processing Fees: Increased 19% year over year, excluding notable items. Warning! GuruFocus has detected 8 Warning Signs with STT. High Yield Dividend Stocks in Gurus' Portfolio This Powerful Chart Made Peter Lynch 29% A Year For 13 Years How to calculate the intrinsic value of a stock? Release Date: July 15, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. State Street Corp (NYSE:STT) reported strong financial performance with a 12% increase in fee revenue and a 9% increase in total revenue year over year, excluding notable items. The company achieved a record $5 trillion in assets under management (AUM) and generated over $80 billion in net inflows during the quarter. State Street Corp (NYSE:STT) delivered a near-record quarter for sales and investment services, securing over $1 trillion in new asset servicing wins. The FX trading business recorded its best quarter since 2020, with significant year-over-year increases in both FX trading and security finance revenues. The company announced an 11% increase in its quarterly per share common stock dividend, reflecting strong financial health and commitment to returning capital to shareholders. State Street Corp (NYSE:STT) recognized $138 million in notable items, including a $100 million repositioning charge related to severance of approximately 900 employees. Net interest income (NII) was down 1% year over year, primarily due to lower average short-end rates and changes in deposit mix. Expenses increased 6% year over year, excluding notable items, driven by higher performance and revenue-related costs and currency translation impacts. The company faces challenges from geopolitical and economic uncertainties, which could impact future financial performance. Despite strong sales momentum, the company acknowledged potential variability in deposit balances and market conditions that could affect future revenue. Q: Can you elaborate on the factors driving the updated fee revenue guidance and the timing of new business installations? A: Ron O'Hanley, Chairman and CEO, explained that the pace of sales remains strong, with a target of $350 million to $400 million in servicing fees. Approximately half of the record $440 million in fees to be installed will occur this year. The growth is driven by organic elements, including asset management and market investments, alongside constructive market conditions. Q: How does the recent client contract rescoping impact future business, and are there any similar issues anticipated? A: Ron O'Hanley stated that no similar issues are anticipated. The rescoping was specific to a software client contract and did not affect servicing fee revenue or assets to be installed. The client remains important, and the interoperability of their Alpha platform allows continued service provision. Q: What is the outlook for net interest income (NII) given the current market conditions? A: Mark Keating, Interim CFO, noted that the NII guide remains roughly flat year-over-year, with some variability due to rates and deposit mix. Despite a slight decline in the first half of 2025, they are on track to meet the guidance, supported by factors like deposit levels and loan growth. Q: Can you discuss the strategic approach to mergers and acquisitions (M&A) in light of recent market rumors? A: Ron O'Hanley emphasized that while they have confidence in organic growth, M&A is considered a complement to their strategy with a high bar for shareholder value. Recent focus has been on capability-building investments, and they remain open to evaluating opportunities that align with their strategic goals. Q: How is the asset management business performing, particularly in the institutional channel? A: Ron O'Hanley highlighted record net inflows in the institutional channel, driven by innovative products and partnerships, especially in defined contribution. A large mandate from an existing client in Asia Pacific also contributed to the strong performance, indicating a positive trend in organic growth. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. 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